Buying a car can be a tricky process. Having the finance to get it can simplify it. Nowadays in South Africa, having a car is more of a necessity than just a luxury product. Not everyone has the ability to buy a car with cash upfront. This is where a credit option would be ideal.
Applying for finance is not always simple and some lending institutions will make the process long and tedious.
One institution that aims to make this process easy and hassle-free for clients is African Bank.
African Bank offers clients access to a simple car finance facility. Other services offered by the bank include personal loans, insurance and credit card products.
Why choose African Bank Car Finance?
You get to benefit from car finance that is tailored to meet your unique needs.
Up to R240 000 in finance is available from selected approved dealerships nationwide.
You get flexible repayment terms of up to 84 months.
Additionally, monthly instalments are fixed which ensures that you have a consistent payment, allowing you to budget more efficiently.
There is no deposit required. If you opt to put down a deposit, you may qualify for better repayment terms.
African Bank car finance may be ideal for lower to middle class working citizens to get access to new or used cars.
The loan amount that is granted is based on individual affordability and creditworthiness.
To apply for African Bank Car Finance you need to be at least 18 years of age with a valid drivers’ license. You also need to provide your latest 3 months’ bank statements, your latest payslip as well as proof of address.
You can apply at any African Bank-approved dealership.
Contact African Bank and apply today by calling 0861 000 351